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Stellar Lumen (XLM) is providing a potential to capture the terminal end of a correction, which is the best time to cast an entry ladder. The chart below shows XLM having completed a five wave impulse (white). Elliott Waves states that after every five wave move, there is a requisite retracement. This corrective rerace can come as an abc zigzag, abc flat, traingle ...
Bitcoin (BTC) price action is looking very healthy
The Inverted Head & Shoulders (IHS) is now complete! Price has also just breached and poked above the Neckline! This pattern is nearly confirmed and if that breach becomes decisive then the IHS is in full effect. So, very exciting days are ahead of us!!
Price for me is 12306
VERGE (XVG) is showing a rather bullish wedge that broke out and price worked to put in wave 1 and is likely still working to finish wave 2. While wave 1 isn't the most beautiful impulse; it is acceptable given the bullish background in Cryptosphere.
The subwaves have been labeled and the corrective abc shows that C is complete with all five subwves. This gives ...